specific provision definition
specific provision means a loss reserve held against presently identified losses or potential losses and which is not available to meet losses that subsequently materialise;
specific provision has the meaning set forth in Section 10.4.
specific provision means an amount of provision of a given asset, group of assets or pooled assets with the downgraded classification followed by multiplying them with the corresponding provisioning rates upon the review or conclusion on the deterioration in their quality using the criteria set forth in this regulation;
More Definitions of specific provision
specific provision means a loss reserve held against presently identified losses or potential losses.
specific provision means a loss reserve held against presently identified losses or potential losses and thus not available to meet losses which subsequently materialize;
specific provision means reserves for assets and all off-balance sheet items. Commercial banks shall be able to identify the reserves of each specific asset or off-balance sheet item. In this regard, the specific provision includes reserves for mark-to- market loss from fair valuations of debt instruments and equities with trading intent and available-for-sale, as well as reserves for impairments. However, this excludes reserves for assets classified as normal that commercial banks have already counted as Tier 2 capital.
specific provision means provision set aside against assets and all off-balance sheet items, where commercial bank can identify deterioration of particular assets and/or off-balance sheet items. In this regard, specific provision shall include the provision made for the decrease in market value and devaluation of debt and equity securities held for trading and available for sale, but shall not include provision for assets classified as pass which the commercial bank has recognised in its Tier 2 capital.
specific provision means a provision ascribed to identified deterioration of any particular assets and off-balance sheet items, including allowance for a decrease occurred from financial instruments that measured at
specific provision is defined in Section 14.07.